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The partnership will create a high-performance sovereign cloud capable of processing over 11 mn daily digital interactions
Author Archives: enterpriseam admin
Posted inM&A WATCH
Masdar in talks to acquire minority stake in Endesa’s solar portfolio
An acquisition would see Masdar pay USD 200 mn for the minority stake
Posted inRETAIL
FMCG sector grew 5.5% last year -NielsenIQ
E-commerce played a key role, with FMCG online sales rising 29%
Posted inEARNINGS WATCH
Al Ain Ahlia Ins. records a AED 27.9 mn net loss in 2024
The company’s ins. revenue amounted to AED 1.1 bn last year
Posted inMOVES
Sprinklr appoints Amjad Al Sabbah as Group VP for MEA
Saeed Al Midfa joins Advisory Board for Conferences and Exhibitions
Posted inALSO ON OUR RADAR
New biochar project in the works
Plus: Binghatti gets BB- rating from Fitch
Posted inPLANET FINANCE
US stocks see historic “bull crash” amid recession, trade war fears, with investors shifting towards safer assets like gold
The stocks’ declining appeal is due to the trade war and concerns over stagflation
Posted inDIPLOMACY
UAE, US explore deeper ties in AI, energy, and investment
The national security advisor met with senior executives from Microsoft, Amazon, Palantir, Oracle, BlackRock, Nvidia, and xAI
Posted inON YOUR WAY OUT
Awareness of digital payments scams is on the up
More and more people are taking active precautions when purchasing online